I like the demo's and growth.Urban core is to frothy where foreign investors and retiree account investors want to park money for very small returns.Lot's of people buy that stuff but the high costs per sq ft if a tenant goes dark the second generational tenant Is much smaller rents.

I was there, when the original demo work began.  

On the downside, the tenant has a dog and cat.Other Updates:#8 - signed contract for renovation and started demo.  

I spoke to the township's zoning official to confirm I can maintain the existing units within a single family zone,   ( i guess that's grandfathering, not that word was never mentioned during our brief conversation)    I am trying to contact construction official regarding limits or restriction on renovations/expansion. because of your advise, now I will make him aware that this is a non-conforming property  (glee-asking the correct questions can avoid a serious error later) I recall at one time,  California allowed one to demo all but one wall and the original foundation and it was still classified as a renovation, but this is NJ not CA  Another thing i am wrestling besides not losing this opportunity if I am too slow to act, is my exit strategies.  

The house looked super clean,  it even look it does not need painting.The biggest risk I have is dealing with the city and retaining the building without them demoing it.

I am currently looking into doing a demo/rebuild in Denver with around a $1M total budget. 

I want to be able to expose brick myself during the demo phase instead of after the 203k is closed out.

They'll let you demo it for a few weeks, I think. 

Demo and cap all utility lines etc, permits cost alone is 700 plus my fee, plus the actual repair, that's about 4,000 in costs alone. i am not sure what triggered it, it was probably the last tenant that was there, since there was an indication that he wasn't happy being kicked out, took the kitchen cabinets and ceiling fan, according to the owner.

What's the wall demo from?